Another travel startup that found itself scrambling to pivot as the COVID-19 pandemic took off is now announcing a huge round of funding after finding its feet and proving that it can grow, even under adverse circumstances. AvantStay — which has built a platform where it decorates and then lists properties owned by others for […]
Stacked raises $35M to bring passive investing tools to retail crypto traders
Stacked, a web-based platform that provides passive investment tools for retail investors interested in crypto, just announced it raised a $35 million Series A co-led by Alameda Research, a crypto trading firm owned by FTX founder Sam Bankman-Fried. Bybit and BitDAO partner Mirana Ventures co-led the round alongside Alameda. Fidelity International Strategic Ventures, DRW Venture […]
Fresh from a $10M round, Plan A launches SaaS tool for ESG reporting aimed at startups/VCs
With key ESG reporting regulations such as the EU Taxonomy and the Sustainable Finance Disclosure Regulation (SFDR) covering more than 75 percent of European companies, across the EU and the UK, the regulatory environment is evolving fast. Non-financial data, such as carbon emissions, is catching up with financial reporting burdens. And it’s not just the […]
ThreeFlow raises $45 million to scale its employee benefits placement software
ThreeFlow, which provides software for insurance brokers selling employee benefits, announced today that it raised $45 million in Series B funding. New investor Accel led the round alongside existing investors Emergence Capital, Equal Ventures, and First Trust Capital Partners. The Chicago-based company, formerly known as WatchTower, raised $8 million for its Series A round in […]
Lessons from founders raising their first round in a bull market
In a bull market, it’s especially hard to understand people and their value systems. The pandemic does not help us engage, understand culture nor help build a human connection.
Fractory raises $9M to rethink the manufacturing supply chain for metalworks
The manufacturing industry took a hard hit from the Covid-19 pandemic, but there are signs of how it is slowly starting to come back into shape — helped in part by new efforts to make factories more responsive to the fluctuations in demand that come with the ups and downs of grappling with the shifting […]
Humane, a stealthy hardware and software startup co-founded by an ex-Apple designer and engineer, raises $100M
A stealthy startup co-founded by a former senior designer from Apple and one of its ex-senior software engineers has picked up a significant round funding to build out its business. Humane, which has ambitions to build a new class of consumer devices and technologies that stem from “a genuine collaboration of design and engineering” that […]
How Google’s self-driving car project accidentally spawned its robotic delivery rival
Nuro doesn’t have a typical Silicon Valley origin story. It didn’t emerge after a long, slow slog from a suburban garage or through a flash of insight in a university laboratory.
Latent AI, which says it can compress common AI models by 10x, lands some key backing
Roughly a year ago, Latent AI, a now three-year-old, Menlo Park, Ca.-based startup, pitched a handful of investors during TechCrunch’s Battlefield competition. It didn’t win that contest, but that hasn’t kept it from winning the interest of investors elsewhere. It just closed on $19 million in Series A funding in a round co-led by Future […]
Queenly’s marketplace for formalwear gets millions in round led by A16z
Queenly, a resale marketplace for formalwear, announced on Friday that it has grown its seed round to $6.3 million in a financing round led by Andreessen Horowitz’s Connie Chan. The financing event brings Queenly’s total venture raised to date at $7.1 million. Queenly sees itself as a “StockX” for formalwear, but has its own hold […]